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Polyproof

Active
Private limited companyfounded 2008active for 18 yearsVosveld 21, 2110 Wijnegem, BelgiumKBO/BCE: BE 0896.632.168
Summary

Polyproof has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,016 and a net result of -€3,105. Equity grew by about 21% per year on average since 2018. In 2025 it fell by 2.7%. Its solvency ranks better than 55% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-03-2008 Normal situation
Activity
Specialised construction activities NACE 43421and 2 others
Joint committees
119 Food trade
201 Independent retail · annual accounts 2021
Establishment unit
2.170.172.585 2110 Wijnegem, since 19-03-2008
Financial year end
31 December
Peppol
Reachable since 17-11-2025

Board and ownership

Board
  • Bos HansDirector

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€82,239
▼ 23.7%
Turnover
≈ €350,000
estimated
Loss
€3,105
Equity
€111,016
▼ 2.7%
Total assets
€230,740
▼ 9.8%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 2008Liquidity: current ratio 1.33, cash €41,522Equity €111,016 (48.1% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 40% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 73+3
equity 48.1% of total assets
Liquidity 51-5
short-term debt 44.1% · cash 18.0%
Profitability 67-16
return on assets -1.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.33 (1.21 in 2024), below the usual 1.5. Short-term debt is 44.1% and cash 18% of total assets. 51.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 52% of them on solvency, 46% on liquidity, 33% on profitability and 31% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.33, cash €41,522
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €111,016 (48.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
2 days early
2023
7 days early
2022
28 days early
2021
32 days early
2020
30 days early
2019
76 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 82% of companies in specialised constructionsector median €26,848 · 9,901 companies -€3,105 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Company renamed from DISTEC to Polyproof“Zowel in België als in het buitenland, onder eender welke vorm, participaties te verwerven en aan te houden in…” (deed in Dutch)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Polyproof: specialised construction activities (NACE 43421). They are comparable in size and age: total assets between €211,000 and €299,000, founded between 2004 and 2011.

CompanyTotal assetsGross margin
Polyproof Wijnegem€230,740€82,239
RONNY MATTHEEUWS Aalter€211,129€75,732
GONZY Zemst€211,694€65,892
VOCHTALERT Wellen€225,835€68,997
DAKWERKEN VAN DE VERRE PIETER Lebbeke€237,485€81,290
ACA Epuration des Eaux Ham-sur-Heure-Nalinnes€299,304€91,510
SD Services Herent€211,686€128,913
Full comparison

Key facts about Polyproof

What is the company number of Polyproof?
The company number of Polyproof is 0896.632.168. The VAT number is the same number with BE in front: BE 0896.632.168.
Where is Polyproof based?
The registered office is at Vosveld 21, 2110 Wijnegem.Company details
What does Polyproof do?
According to the KBO register, the main activity is specialised construction activities (NACE 43421).
What is the legal form of Polyproof?
Polyproof is a private limited company (BV).
When was Polyproof founded?
Polyproof was founded on 21-03-2008.
Is Polyproof still active?
Yes, Polyproof is an active enterprise in the KBO register.
How many employees does Polyproof have?
Polyproof had an average of 5.2 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
Which joint committee does Polyproof fall under?
In its 2021 annual accounts, Polyproof states joint committees 119 (Food trade) and 201 (Independent retail).
What is the turnover of Polyproof?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €82,239 and 30 comparable companies (NACE 434). It probably lies between €220,000 and €480,000.
Is Polyproof profitable?
In financial year 2025, Polyproof made a loss of €3,105.
Where can I find the annual accounts of Polyproof?
Polyproof filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Polyproof due?
Polyproof must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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